FORTERRA BUILDING PRODUCTS LIMITED
Company Information
- Company Number
- 08960430
- Registered Address
- 5 Grange Park Court, Roman Way, Northampton, NN4 5EA
- Status
- Active
- Employee Count
- 1,767
- Turnover
- £455,500,000
- EBITDA
- £86,000,000
Additional Details
- Website
- https://formpave.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 26 March 2014
- Nature of Business
- 23320 - Manufacture of bricks, tiles and construction products, in baked clay
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2025 - 30 Jun 2025 | 28 Jul 2025 | 63 | 8% | 38% | 54% | 75% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 62 | 10% | 34% | 56% | 77% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 62 | 10% | 34% | 56% | 92% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 59 | 17% | 36% | 47% | 18% |
| 01 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | 60 | 18% | 36% | 46% | 30% |
| 01 Jul 2021 - 31 Dec 2021 | 29 Jan 2022 | 57 | 20% | 35% | 45% | 32% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 58 | 17% | 35% | 48% | 41% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 55 | 22% | 36% | 42% | 26% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 57 | 21% | 36% | 43% | 34% |
| 01 Jan 2018 - 30 Jun 2018 | 28 Jul 2018 | 63 | 16% | 35% | 49% | 51% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Forterra's standard payment terms are 60 days from the end of month of a correct, undisputed and properly due VAT invoice
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
60
Dispute Resolution Process
In the event a dispute with another party Forterra will engage with that party in good faith to establish the full grounds of any such dispute, with a view to reaching settlement as swiftly as possible. Initial queries are dealt with by our accounts payable department who will then liaise with the appropriate site or department to resolve the query. If resolution is not possible in this way the dispute will be escalated to senior management.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
❌
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
❌
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
Forterra Building Products Limited is a leading manufacturer and supplier of building materials and solutions in the United Kingdom. The company has a strong focus on sustainability and offers a wide range of sustainable products and services.
The company's sustainability program is centered around reducing its environmental impact and promoting responsible and ethical practices. This includes using recycled materials in their production processes, reducing carbon emissions, and promoting waste reduction and recycling.
Forterra's product portfolio includes a variety of building materials such as bricks, blocks, precast concrete, and clay roof tiles. These products are known for their durability, high quality, and sustainable features. The company also offers a range of services including technical support, design and engineering services, and project management.
The key people at Forterra Building Products Limited include CEO Stephen Harrison, who has extensive experience in the building materials industry, and CFO Shatish Dasani, who brings valuable financial expertise to the company.
The company can be contacted through their website, which provides detailed information about their products and services, as well as their sustainability efforts. Their registered office address is Forterra House, 5 Bute Street, London, E1 7EP, United Kingdom.
In summary, Forterra Building Products Limited is a reputable company in the UK building industry, with a strong focus on sustainability. Their range of sustainable products and services, along with their dedicated team of professionals, make them a reliable choice for all building needs.
